Using Different Words for Two Very Similar Objects Enables People

question 12

Multiple Choice

Using different words for two very similar objects enables people to recognize conceptual distinctions between the objects. This best illustrates

• A) telegraphic speech.
• B) linguistic determinism.
• C) fixation.
• D) the availability heuristic.

Classify costs into appropriate categories such as land, land improvements, buildings, and machinery and equipment.

Recognize the accounting treatment and classification of intangible assets.

Determine the cost of newly constructed assets and the inclusion of various expenses in their cost.

Match accounts with the appropriate section of financial statements.

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Definitions:

Filing System

An organized method for storing documents, files, and information to enable easy retrieval.

File Sorter

A desktop or electronic tool used for organizing documents or digital files in a specific order for ease of access.

Active File

A file used on a consistent basis.

Inactive File

A file used infrequently.